Top 10 Super Bowl Sports Betting Mistakes to Avoid
With the Super Bowl coming up, you’re excited for the game but also to put some juice on it. There are some rules you should be following before placing a single wager, which will help you enjoy the game and not have you crying in the seven-layer dip.
Refrain from making these ten mistakes when betting on the Super Bowl.
Go premium to view top prop bets based on Cover Probability, Expected Value & Star Rating >>
Top 10 Super Bowl Betting Mistakes to Avoid
Blindly Betting On The Favorite
Betting on a team in the Super Bowl is essential to a coin toss. These two teams are here because they're the best. The favorites are 37-19, but that does not say they're perfect. Considering the spread, it's even closer; the favorites are 28-26-3 ATS in the big game. It would be best if you did research.
Not Looking At The Injury Report
This is why the research is important. You need to look at who is playing and who is not. That doesn't just mean the offensive stars but also pieces on the defense and offensive line.
Know where teams can exploit certain holes if they don't have their best player at that position.
Going Too Heavy On The Parlays
Parlays are always a tempting bet because of their chance of a huge payout. Although, it comes with a huge risk.
You could be on a hot streak of hitting a bunch of legs, but just one miss and it's over.
If you still want to go for it, at least keep the legs minimum (at most three) to reduce that risk.
Investing Too Much In Novelty Bets
The Super Bowl is one of the most-bet events in the sports calendar, and the sportsbook knows it.
This game has many different wagers, both on and off the field. The novelty bets like the coin toss, National Anthem length, halftime show, and Gatorade baths are popular. Those are bets you can't do research on, so it's best to stay away from them or place as minimal of a wager as possible.
Betting Too Early
You might be hitting up the books and placing those bets when the lines come out. You should hold up on that.
With the game being two weeks away, the line will change throughout that time because of a multitude of factors. You won't know injury designations or other things until days before.
Not Shopping Lines
When you're looking up something you buy online, do you just settle with the first site you see? If you do, you might lose out on a deal, but if you don't and instead shop around for the best price, you need to take that same approach with sports betting.
Not all sportsbooks have the same odds: they may have different totals for specific bets or the same total but different odds.
For example, one book might have over/under 67.5 rushing yards set at -120, but if you look at another one, they could have the same number set at -110. Go for the one with the better payout.
It all depends on the vigorish or the "house edge." Use the book that takes a smaller cut.
Don't Chase When You're Losing
You might have early bets that aren't going your way, and your first thought might be to bet more so you can win it back. You should pull their brakes on that.
The bets you wager after that usually come out of frustration and are more emotional, likely leading you down a deeper hole.
That's why it's best to just throw it up to a bad day and follow the next rule.
Learn Bankroll Management
This should be the first thing you establish before ever placing a bet. You have a set limit on how much you will bet, whether for the Super Bowl or the entire year.
This will keep you from getting into a deeper hole and help you resist some of the tendencies that lead to gambling problems. Sportsbook will even allow you to set a limit on how much you want to bet in a period of time.
Not Looking At Betting Trends
Of course, there's a famous saying, "Any Given Sunday," but looking at the past trends of this game could help you win some wagers.
Look at this game’s situation regarding the spreads, totals, and overall competition.
Consider Past Experiences
The good news is that this is a recent Super Bowl matchup, and it features several players on both sides who were in the last game.
Don't look at their performances from the other game as gospel, but don't hurt to know their potential in a game they've played with the same coaches from that game.
Make sure to check out our other best bets for Tuesday: